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Expired

11 Conway St, Greenfield MA 01301

$1,000,000

Estimated $2,382/month Calculator

Multi Family

Total Units: 12

Price Per Unit: $83,333.33

Total Rent: 43140/year

Estimated CAP Rate:

12 Bedrooms

Baths

7920

Total Parking: 0

3,920 (0.09)

LOOKING FOR A LUCRATIVE INVESTMENT PROPERTY, YOU'VE FOUND IT !!! With 12 units completely rented and a Cap Rate of 8.15% (with the opportunity to go up to 10.7%) this is a great property to add to your portfolio. All units are month to month rental agreements, tenants pay their own electric (separately metered). Gas for heat and hot water paid by landlord. Security deposits being held on all units. Vacancies are never a problem !! There have been no vacant months in the past 5 years (actually, much longer !) There is a large basement with a concrete floor and a number of separate rooms that could easily be made into tenant storage and/or laundry for extra income. Rubber roof installed 2002, new boiler 2014, newer hot water system, 200 amp service, 3 phase electrical. Very well maintained and in great condition. This is in a Qualified Opportunity Zone !

This home has been viewed 52 times

Last Checked: May 6th, 2024 at 11:40pm (Source: MLS PIN #73051556)

Gross Income: $43,140

Gross Expenses: $37,150

Net Income Calc: $5,990

Water Views

Annual Expenses for 11 Conway St, Greenfield MA 01301

Total Gross Expenses (Calculated)$37,150/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9127

Annual Income & Unit Breakdown for 11 Conway St, Greenfield MA 01301

Total Gross Income (Calculated)$43,140

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 11 Conway St, Greenfield MA 01301

Listing ID73051556

Property TypeMulti Family / 5+ Family

Price1000000 ($126.26/SqFt)

Style5-9 Family

CityGreenfield

CountyFranklin

Neighborhood(s)

Approximate Living Area Total7920

Approximate Lot Size (Acres)0.09

Total Parking0

Garage Parking0

Year Built1920

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area2720

Foundation Description

Accessible Features

Outdoor Space

ZoningCC

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 11 Conway St, Greenfield MA 01301

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Personal Property.

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%

Facilitator Compensation2%

Compensation Based OnNet Sale Price

Financial Information for 11 Conway St, Greenfield MA 01301

Real Estate Taxes9127

Tax Year2022

Assessed Value$403,300

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 11 Conway St, Greenfield MA 01301

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 11 Conway St, Greenfield MA 01301

Agent

Name: Deborah Cahillane

Office

Name: Jones Group REALTORS®

Phone: 413-585-0400

Payment Calculator

, Interest

Property Taxes 760.58

Principal & Interest 6161.68

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Jones Group REALTORS®

Deborah Cahillane

Agent Phone

Office Phone

(413) 585-0400

Text Agent Call Agent Call Office

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EXIT

14 More Photos

Expired

11 Conway St, Greenfield MA 01301

$1,000,000

Annual Expenses for 11 Conway St, Greenfield MA 01301

Annual Income & Unit Breakdown for 11 Conway St, Greenfield MA 01301

General Information for 11 Conway St, Greenfield MA 01301

Disclosures for 11 Conway St, Greenfield MA 01301

Financial Information for 11 Conway St, Greenfield MA 01301

Location Information for 11 Conway St, Greenfield MA 01301

Contact Information for 11 Conway St, Greenfield MA 01301

Agent

Office

Payment Calculator

Exclusive Listing Agent

Jones Group REALTORS®

Deborah Cahillane